South Korea investigates crypto exchanges for listing native tokens

South Korea investigates crypto exchanges for listing native tokens

Native cryptocurrencies turned out to be the biggest factor contributing to the demise of numerous exchanges and ecosystems this year,

Based on suspicion of profiting from unwarranted LUNA sales, South Korean authorities froze approximately $104.4 million (140 billion won) from FTX co-founder Shin Hyun-seong.

The Seoul Southern District Court approved the decision to freeze Shin’s assets until further investigations are concluded.